WazirX schedules maintenance to restore balances post $234M hack
WazirX’s ability to restore balances and secure assets will shape its future and industry security.
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Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100. 321 Total views 31 Total shares Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates…
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CFTC Policymaker With Long History of Work on BTC Futures Leaving
Amir Zaidi, the director of the United States Commodity Futures Trading Commission’s (CFTC’s) Division of Market Oversight (DMO) is rumored to be leaving the CFTC within weeks.Multiple anonymous sources aware of the situation have confirmed this claim, according to a report by Bloomberg Law on Aug. 8. Zaidi has been the director of the CFTC’s DMO…
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Brazilian Retail Giant Partners With Blockchain Payment Service Airfox to ‘Drive Adoption’
Brazilian retail giant Via Varejo has partnered with blockchain payment service Airfox, according to a September 12 press release.Via Varejo, which owns home appliance and furniture chain Casa Bahia, is integrating Airfox’s digital banking platform on its e-commerce platforms, as well as in nearly 1,000 of its offline shops.As the press release notes, customers will…
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Crypto Markets Slump Again, With Bitcoin Holding Gains
Saturday, Aug. 11: after short-lived recovery attempt yesterday, cryptocurrencies have suffered another slump today. Almost all cryptocurrencies are down by significant percentages, with Bitcoin (BTC) being a notable exception among the top 20 market cap, up under one percent on the day. Crypto market visualization from Coin360 Bitcoin is trading sideways, up by about 0.1…
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Galaxy Digital delays BitGo acquisition to later on in 2022
The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. 155 Total views 33 Total shares Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm…
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Bitfinex Now Enables Users to Purchase Crypto With Credit and Debit Card
Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards.The exchange made the announcement on Dec. 20, saying:“Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it's Bitcoin, USDt, Ethereum, or any other ERC20 tokens, pick your favorite and purchase with your credit or debit…
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Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level
Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall. 1510 Total views 2 Total shares Bitcoin (BTC) broke through $38,000 support on June 18 but a reversal at solid support already has traders seeking fresh upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin buy wall sees big testData from…
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IRS Sends New Round of Letters to Bitcoin and Crypto Holders
Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports.Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has been…